Iran Might “Reconsider” Commitment Under Nuke Deal

Iran continues to warn that it might “seriously reconsider” is commitment to the International Atomic Energy Agency if its European partners trigger a dispute resolution provision that could lead to additional sanctions. This time, it was the speaker for Iran’s parliament, Ali Larijani who made the statements at a press conference, saying “If they use the trigger, Iran would be forced to seriously reconsider some of its commitments to the International Atomic Energy Agency. If they think doing so is more beneficial to them, they can go ahead.” Iran has taken a series of steps over the last year to distance itself from the 2015 nuclear deal, from which the U.S. has already withdrawn. Meanwhile, six nations joined Instex, a mechanism created by the E.U. to sidestep U.S. sanctions: Belgium, Denmark, Finland, the Netherlands, Norway, and Sweden. Israel blasted the move, saying “Belgium, Denmark, Finland, the Netherlands, Norway, and Sweden could not have picked worse timing. The hundreds of innocent Iranians murdered during the latest round of protests are rolling in their graves.” The latter is a reference to protesters killed by Iranian security forces during demonstrations in Iran. Reported by The Guardian. Read more…

Meanwhile Hassan Rouhani, Iran’s president, has submitted a draft budget to Iran’s parliament. Rouhani says the budget is designed to resist U.S. sanctions, with the least possible reliance on oil. Reported by The Guardian. Read more…